New Lilac Video With All The Lithium Samples You Ever Wanted To See, page-104

Now re-posting to provide the relevant link.


https://buenosairesherald.com/business/argentina-gets-nod-from-us-to-increase-lithium-trade-fivefold

That article has really got me thinking…..

From the “Argentina gets ‘nod’ from US to increase Lithium trade fivefold” dated May 12, 2023, we see that the US “invited” Argentina to participate in the MSP initiative (Mineral Strategic Partnership) meeting of a US-led, 13 global powers. That meeting took place on Thursday 11th May so the invitation would have obviously been extended beforehand.

“The MSP initiative is a US-led collaboration of 13 global powers created in June of last year. In their first meeting last Thursday they decided to invite Argentina. “They could have invited a mining country like Chile, but they decided the Argentine government should participate,” said a government source as a way of stressing the importance of this meeting.”

The topic of Argentina’s possible inclusion into the fold of Countries that qualify to receive subsidies available through the IRA has been closely followed by those that understand the string of large benefits that would come with that inclusion and how much that could positively impact the related projects and therefore the Mining Companies operating out of Argentina.

The timing of the 19% gain through the first week of May and the 30% gain through the second week might just be coincidental to the timing of this meeting…..or it may not. Considering the publicised discussions between the US and Argentina on trade over the last month and the fact the US invited Argentina to this MSP meeting last Thursday, it could be reasonably expected that large investors/Funds/Institutions were aware of Argentina’s involvement in the meeting. The increased volumes associated with the accumulation of LKE shares over the last two weeks is likely not driven by “Retail” Investors. This week’s volumes and any associated gains will, IMO, be telling…..particularly now that Argentina’s participation in this meeting has been publicised. Let’s see how the week pans out.

For those wondering what benefits an FTA or MSP could provide Argentine based Lithium Miners….Not only would it provide the ability for OEM’s using Lithium supplied out of Argentina to qualify for up to $USD7,500 of subsidies through the IRA, but also….It could well open the doors for direct US DOE loans or investment in Argentina based projects identified and seen to be a vital part of the Lithium supply chain in the US - similar to the $USD700M loan to Ioneer recently. It will be worth reading up on Jigar Shah (Director of the Loan Programs Office in the US Department of Energy) and the Hundreds of Billions of Dollars that he has in the kitty to invest in such projects. Then think about identified Lithium projects in Argentina that have unallocated Lithium in the ground. Hint: Lake has 4 of them! Then wonder about what a big cash injection would do to the timelines associated with those projects. Both Lake and Lilac have been investing heavily in the teams and internal infrastructure to take on more than just one project. Are they planning for bigger moves than just working on Kachi?

The ongoing developments in this area will be interesting to watch…..and the upside to Lake if they were to pan out in our favour……Wow. The mind boggles!

The above post is based on fact up to today’s date and opinions into the future. DYOR